Asian Open
Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
- Newest
- Popular
US dollar correction kicks in, AUD/USD firm ahead of CPI: Asian Open
The US 2-year bond yield remains support, which is capping the yield at 5% and weighed on the US dollar. And that helped AUD/USD rise for a second day ahead of a key AU CPI report.
Gold’s worst day in two years, Crude oil eyes bounce above $80: Asian Open
There has been a shakeup at the top for gold, which opened the week at the high and closed the day at the low during its worst day in two years. We also look at a potential swing trade long on WTI crude oil.
US dollar taps 106 as US 2yr eyes break of 5%, gold rangebound: Asian Open
The US dollar index recouped some of Wednesday's losses and is now tapping 106, whilst the US 2-year yields considers a break above 5%.
AUD/USD holds 64c ahead of AU jobs, crude oil slips 3%: Asian Open
The US dollar snapped a 6-day winning streak to allow AUD/USD to rebound from 64c in line with yesterday’s bias. And if AU employment figures perform today, it could extend its gains for a second day.
AUD/USD, ASX 200 dragged lower during risk-off trade: Asian Open
A risk-off tone ensued across global markets to send the US dollar higher, to the detriment of AUD/USD and the ASX 200.
USD/JPY eyes 155, WTI crude oil looks set to bounce: Asian Open
USD/JPY is less than a day's trade from 155, a level an ex-FX diplomat warned could trigger an intervention if breached. WTI crude oil seems to have solid support above $84, to hint at a swing low.
USD/JPY closes above 153 for the first time since 1990: Asian Open
Another day, another milestone for USD/JPY which closed above 152 for the first time in nearly 34 years on Thursday.
US dollar, yields surge on hot US CPI, ASX set to gap lower: Asian Open
Bond yields and the US dollar surged after the latest US inflation report bought serious doubt over a June Fed cut, dragging global indices lower which sets the stage for the ASX 200 cash market to suffer today.
AUD/USD, NZD/USD, ASX 200 rise ahead of RBNZ, US inflation: Asian Open
1-day implied volatility levels for USD/JPY, EUR/USD and NZD/USD have blown out ahead of today’s key events, which includes comments from BOJ’s governor, and RBNZ cash rate decision and the US inflation report.
AUD/USD perks up, gold continues to defy gravity: Asian Open
Momentum is turning higher for AUD/USD during a month that tends to promote positive returns, and gold bulls continue to dominate price action as it reaches yet another record high.
US dollar hints at NFP rebound, ASX 200 to track Wall Street lower?
The US dollar retraced for a third day, but with NFP stats favouring a 'beat' then we're on guard for a dollar bounce.
US dollar slammed at start of historically bad month, AUD/USD rallies
US dollar bears wasted no time to short the buck after a soft ISM services report, to mark its second worst day this year - in a month usually associated with losses.
AUD/JPY, ASX 200 forecast: Asian Open – April 3, 2024
AUD/JPY and the ASX 200 look set to diverge with the former strongly hinting at a swing low and the latter failing to hold above 7900 on Tuesday.
USD/JPY squares up to 152 again, AUD/USD lower post ISM: Asian Open
A stronger-than-expected ISM manufacturing report sent the US yield curve and the dollar higher, sending USD/JPY within reach of 152 and AUD/USD lower.
Crude oil rises on production cuts, ASX 200 set to retrace? Asian Open
With geopolitical tensions on the rise and Russia announcing production cuts as infrastructure continues to face attacks, the path of least resistance for WTI crude oil appears to be higher.
USD rallies on hawkish Fed, although USD/JPY falters below 152: Asian Open
The market appears to be doing the BOJ's work by refusing to test 152, which paints a bearish bias over the near term for USD/JPY.
USD/JPY eyes 152, Crude oil stabilises above $80: Asian Open
An SNB cut and dovish comments bolstered the US dollar to bring USD/JPY less then 30-pips from 152. WTI crude oil is also showing signs of stability above $80.
AUD/USD reclaims 200-day MA on surprisingly dovish Fed meeting: Asian Open
US yields dragged the US dollar lower as the Fed continued to favour three cuts this year, helping AUD/USD break back above its 200-day MA ahead of today's employment figures.
Japanese yen slides post BOJ, do we need to be on intervention alert?
The fact that the yen was broadly weaker following the BOJ's historic hike shows that it was not only priced in, but traders wanted more. Yet the rapid weakness of the yen brings back a familiar question; will the BOJ begin verbal intervention?
AUD/USD, USD/JPY in focus for RBA and BOJ meetings: Asian Open
1-day implied volatility for USD/JPY has risen to 320% of its 20-day average ahead of today's BOJ meeting, to show volatility is expected. And the best chance of AUD/USD enjoying its own volatility is if the RBA finally ditch their hawkish bias.
USD bears scramble, USD/JPY eyes breakout after US data: Asian Open
US dollar bears scrambled for cover following hot US economic data ahead of next week’s Fed meeting, helping USD/JPY rise to a 5-day high and eye a potential breakout today.
WTI crude oil looks set to break $80: Asian Open – March 14, 2024
After several weeks of choppy trading conditions, momentum has turned higher on WTI crude oil and a breakout above $80 is on the radar.
AUD/USD holds 200 EMA post CPI, gold snaps 9-day winning streak: Asian Open
AUD/USD held above its 200-day EMA and shows the potential to bounce today, alongside gold - despite the fact it snapped its 9-day winning streak.